DigiByte
DigiByte (DGB) is a globally used cryptocurrency that uses secure, fast and forward-thinking blockchain technology. This digital currency has demonstrated consistency in development, community growth and new use cases, increasing the popularity of the cryptocurrency. DigiByte launched in 2014 and has grown into one of the most reliable and secure UTXO blockchain currencies. This decentralised coin was created to tackle problems that more mainstream cryptos have, such as Bitcoin. Although this virtual currency doesn’t share the same level of fame as the likes of Bitcoin and Ethereum, it’s growing with more crypto-friendly online casinos accepting DigiByte.
Casinos with DigiByte
- DigiByte
Overview
DigiByte is a force to be reckoned with in the crypto domain. The mechanics behind the digital currency are similar to that of bitcoin and other cryptos but DigiByte uses 5 algorithms (SHA-256, Scrypt, Qubit, Skein, and Odocrypt) instead of 1 to increase block generation speeds. Although this can add scalability issues, DGB implements SegWit technology to ensure cross-chain transactions and single confirmation. DigiByte has survived some rocky tests to present itself as a reliable, speedy and cost-effective way to move money. You will be in safe hands using this cryptocurrency to make online casino deposits and withdrawals.
Bonus
Bonus enthusiasts are still able to claim a bonus offer when making deposits using DigiByte. Although the trigger may differ slightly than that of regular bank deposits, crypto-friendly casinos have put an efficient process in place to make sure you can link a bonus offer with your deposit. You can give yourself extra playtime with a first-time deposit offer, a match bonus and various forms of free spins. We always encourage our readers to get to know the bonus terms and conditions before committing to a bonus. This means making sure you are aware of the wagering requirements and other important terms that relate to turning bonus cash into withdrawable funds.
Advantages
You can enjoy a solid range of great perks when you make payments using the DigiByte currency. Many players are switching over to crypto deposits and withdrawals because the advantages are too good to miss out on. Let’s take a look at some of the benefits.
Great protection: DigiByte is a highly secure crypto coin, much safer than using standard bank and eWallet payments. The technology behind this cryptocurrency allows you to speedily move money without having to share any personal or financial information.
Larger deposits: DigiByte does not impose limits on the amount of money you can transfer so you are able to make larger deposit and withdrawal transactions.
Faster withdrawals: One of the best benefits is that you can enjoy instant transfers through DigiByte and therefore can receive your withdrawal in rapid times and start enjoying your winnings.
No Fees: It is not just speed that crypto beats fiat currencies on, but costs too. You can move your money around with little to no fees at all.
Disadvantages
There are some minor drawbacks to be aware of when you make DigiByte deposits and withdrawals. Let’s take a look at what could be considered a disadvantage with this cryptocurrency.
Availability: DigiByte is not a cryptocurrency that’s as widely used like many others and therefore not available to purchase on all crypto exchanges.
Fees
DigiByte’s multi-algo approach is designed to keep fees low. The DigiByte fee is about 0.0001 DGB per transaction of 100,000 DGB sent, so low that you wouldn’t notice it. It’s worth mentioning that many online casino operators may add their own transaction fee to each deposit and withdrawal. These fees are around 2.5% of the amount being moved, usually capped at around £/$5. You can check if your casino operator imposes fees by reaching out to the customer support service available.
Creating an Account
There are a number of ways to use the DigiByte digital currency. One of which is by signing up to a DigiByte account on the official website, here you can use the DigiByte wallet to store and transfer the currency. Or you can use one of the popular crypto exchanges which will require you to provide some personal information and verify your account by uploading a copy of a government-issued ID.
Depositing
Putting money into your real money casino balance is a breeze through DigiByte. The process is not the same as that of eWallet and bank card payments but its just as easy. Here are the steps to fund your account using this digital currency.
- Choose DigiByte as your payment option.
- Enter the amount of your deposit.
- You should then be presented with a DigiByte wallet code.
- Head over to your crypto wallet and transfer DigiByte to the provided wallet code.
- Confirm the transaction and Your payment should be sent.
- Once the funds display in your casino balance you can start enjoying the games!
Withdrawing
You can enjoy your winnings in rapid times when you make a withdrawal through DigiByte. There are only a few easy steps to follow to execute your withdrawal request.
- Head over to the casino cashier.
- Choose the DigiByte withdrawal option.
- Enter the amount you wish to withdraw and confirm.
- You should then be able to enter your DigiByte wallet code.
- Then the casino will confirm the transfer.
Security
DigiByte, like all over cryptocurrencies, boasts an impressively secure infrastructure. DigiByte uses a multi-algo approach to ensure each algorithm is only allowed to mine around 20% of new blocks. The digital currency also uses a proof of work (PoW) model where all transactions are safely stored on a public ledger. Furthermore, users will not be required to provide any personal information or banking details when making online transactions.
Support
DigiByte offer live chat support on their official website. You can also send over an email or explore the information and FAQs that are available on the official website. If you hold the currency on a crypto exchange you have the option of making use of their support service. What’s more, your favoured online casino will have multiple support options including email, phone and live chat. You can also consult the FAQs page for any general questions.
Availability
DigiByte is not amongst the most known cryptos, despite being on the scene for over six years. This cryptocurrency does have a lot to offer casino players and is growing each year. Most crypto-friendly casinos are entering the market and DigiByte is growing across new and existing operators. This digital currency has the security, speed, scalability and convenience that casino players want in a payment option. DigiByte may be in the crypto minor leagues at the moment but it has the potential to reach the majors.
FAQ
Can I make withdrawals using DigiByte?
Yes, you can send money back to your DigiByte account. Withdrawals are usually sent back in a matter of hours.
Are there fees involved with DigiByte?
No, there are no fees attached to the crypto chain when making DigiByte deposits. However, the online casino operator may have their own deposit and withdrawal fees, independent of any payment method.
What is the best DigiByte casino?
We have researched for you so you can view the best casinos that accept DigiByte payments and make a choice yourself. We have listed the top-rated DigiByte casinos here.
Which online casinos accept DigiByte?
Use the list of DigiByte casinos to see all online casinos that accept DigiByte payments. We filter the casino top list to only show DigiByte casinos that accept players from your location.